Bridgepoint Acquires HT Digital: £200M Crypto Deal

Bridgepoint reportedly acquired HT Digital for around £200 million. This is a massive turning point for the crypto accounting and digital asset assurance industry.

From our view at Breezing, this deal validates HT Digital and their growth. But it also highlights the huge opportunity for other crypto-native accounting and audit firms. This market is still small in absolute terms, but it is growing incredibly fast.

A £200M Deal That Redefines the Category

Bridgepoint’s investment proves that crypto accounting is no longer an experiment. A £200 million valuation puts this infrastructure firmly on the radar of global private equity firms.

This matters because private equity capital looks for a few specific things:

• Scalable revenue models that can be repeated
• Fragmented markets that are ready for consolidation
• Long-term growth supported by regulation and institutional demand

Crypto accounting hits every single one of those marks.

Premium Pricing and Huge Margins

People often forget about pricing power in this sector. It is a key reason why private equity is so interested.

Accounting firms working in complex fields like digital assets have distinct advantages. They can charge premium rates because true experts are rare. They command higher fees for work that is critical for regulations. They also avoid the race to the bottom seen in traditional bookkeeping.

Audit and assurance services in crypto often see profit margins between 40 and 50 percent. This happens because the work requires specialized blockchain skills and the legal stakes are high.

For investors, this mix of high prices and strong margins is a dream. It is a value model that is hard to find in standard accounting markets.

The Path to a $1B Valuation

The word on the street is that this deal puts HT Digital on track for a $1 billion valuation within four years. That would be a 5x jump from where they are today.

If they pull that off, it demonstrates a few things. First, specialist firms can outperform general ones. Second, high-growth niches are worth premium prices when you add technology to the mix. And third, early investors can define the leaders before the market even matures.

For crypto accounting, this would be a watershed moment. It proves the sector can produce billion-dollar outcomes rather than just small boutique firms.

A Rising Tide for Everyone

This deal does not close the market. It actually opens it up. Big money flowing into HT Digital creates opportunities for other crypto-native firms too. This includes teams like:

• Darien Advisors
• OnChain Accounting
• Regen Financials
• Hashbasis
• Fuel3
• The Network Firm
• CFO Associates
• Myna
• Detof
• CoinFinance
• HS-Consult

For these companies, the Bridgepoint deal serves as a benchmark. It proves investors are hungry and signals that more consolidation is coming.

A New Playbook for Private Equity

The biggest takeaway here is the investment thesis. Accounting firms in small but fast-expanding sectors can deliver massive returns.

Crypto accounting today looks a lot like fintech compliance did in the early 2010s. It mirrors ESG reporting before it became mandatory. In those cases, the early movers who combined expertise with tech became the category leaders.

Final Thoughts

The £200 million acquisition of HT Digital is not just a milestone. It is a blueprint.

It shows that crypto accounting supports premium pricing and high margins. It proves that institutional demand is structural and here to stay. And it suggests billion-dollar outcomes are possible in a short time.

If HT Digital reaches that $1 billion goal, it will permanently change how private equity views accounting firms in high-growth sectors. For our industry, this moment signals credibility, scale, and opportunity.